Filing Year ComparisonSource: government-filed FDDs

Burger King — What Changed

Year-over-year changes across FDD filings. Every figure is sourced from government-filed Franchise Disclosure Documents. Changes flagged here reflect actual disclosed data — not estimates.

Item 19 — Revenue Performance

Average Gross Revenue (Item 19)

2025 FDD

$1,671,613

→

2026 FDD

$1,707,974

+2.2%

YoY change

What this means: A rising average revenue figure suggests the system is performing better at the unit level, though it may also reflect closures of underperforming units rather than improvement. Verify the Item 19 basis and sample size in both filing years.

Item 20 — Net Unit Growth

↑ Trend improving

Net units opened minus closed per year. Positive = system grew. Negative = system shrank.

-772025-512026

Most recent

-51

net units 2026

YearOpenedClosedNet
2026+0−0-51
2025+0−0-77
What this means: Consistent net positive growth indicates franchisees are renewing and new units are opening — a sign of system health. Consecutive years of negative net growth (closures exceeding openings) is a key red flag. Review Item 20 in the FDD for transfers, reacquisitions, and non-renewals which this summary does not capture.

How to Use This Data in Diligence

Revenue trend questions to ask franchisees

  • Did your revenue grow or decline last year vs. the FDD average?
  • Has the franchisor changed the Item 19 reporting basis between years?
  • Are more or fewer units included in the current Item 19 vs. prior year?

Unit growth questions for validation calls

  • Why did units close in [year]? Underperformance, territory conflicts, or exits?
  • Are franchisees renewing at end of term, or exiting?
  • Is the franchisor reacquiring units from franchisees?
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Full Diligence Memo →

Filing change data sourced from 2026 and prior government-filed FDDs (MN CARDS, WI DFI, CA DFPI). All figures are from official filings and have not been independently audited. Changes between filing years may reflect methodology changes in the FDD itself, not only actual operational changes. Generated April 6, 2026.

Important Notice:Franchisel provides franchise research and analysis for informational purposes only. This is not financial, legal, or investment advice. All financial data labeled “Estimated” is approximate and has not been verified against actual FDD filings. Data labeled “FDD Verified” or “State Filing” has been extracted directly from government-filed Franchise Disclosure Documents (MN CARDS, WI DFI, CA DFPI) but may not reflect the most recent filing. Unit counts, revenue figures, and other metrics change frequently. Always request and independently verify the current FDD from the franchisor before making any investment decision. Consult a qualified franchise attorney and accountant before investing. Franchisel is not affiliated with, endorsed by, or sponsored by any franchise system listed on this platform. Scores reflect our editorial analysis methodology and are not endorsed by any franchisor.